+++ Press release +++
German Startups Group publishes its interim report 2018
Berlin, 28 September 2018 – German Startups Group, a leading venture capital provider in Germany and Berlin-based digital agency with 150 employees, today publishes its interim report for the first half of 2018 with a consolidated profit after taxes of 1,421k euros, respectively, 0.14 euros per share (IFRS). The equity amounts to 32,478k euros or 2.72 euros per share. Naturally not included are hidden reserves resulting from increases in value of the stake in fully-consolidated Exozet Berlin GmbH and potential third-party objectivizations lagging behind longer.
The interim report can be downloaded on the company’s website via ‘For Shareholders’.
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German Startups Group
German Startups Group – We Love Startups!
The German Startups Group, a publicly traded company comprises one of the leading VC providers in Germany with a digital agency employing 150 staff in Berlin. With a focus on Germany’s young, fast growing companies – so called startups – the company acquires majority and minority shareholdings by providing venture capital. The core investment focus is on those tech companies whose products or business models include disruptive innovation, allow for a high degree of scalability and are run by strong entrepreneurial management teams. Since it commenced operations in 2012, German Startups Group has built a diversified portfolio of stakes in such companies and has become the most active private venture capital investor in Germany (CB Insights 2015, Pitchbook 2016). With the launch of G|S Market™ via a wholly owned subsidiary German Startups Market GmbH, the company operates a secondary market platform for tech assets
More information at https://www.sgt-germanpe.com/.